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Generac Holdings (GNRC) shares surged 25% in extended trading Wednesday after the backup-power company disclosed a long-term supply agreement with Amazon (AMZN) that calls for $2.4 billion of initial ...
US generator manufacturer Generac has signed a long-term deal with Amazon to supply backup generators for the hyperscaler's data center portfolio. Reuters reports that initial deliveries of the gen ...
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Generac gets $100 target hike from Canaccord — Amazon deal could unlock up to $8B in orders, says analyst
Canaccord lifted its target to $375 from $275 and kept a Buy rating, per TheFly. Cantor said this deal is Generac’s most important data-center disclosure since its first hyperscaler win. Initial ...
Generac Holdings Inc. GNRC has entered into a major long-term supply agreement with Amazon AMZN, significantly strengthening its position in the rapidly expanding data center infrastructure market.
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